MM Equity Group sells Multifamily Asset In Dania Beach For $1.26M With Buyer's Rep David Benichou & Seller’s Rep Jonathan Teboul
4621 Southwest 33rd Avenue
$1,260,000
$252/SF
Building Size
4,998 SF
Asset Type
MultiFamily
Closing
Aug 27, 2025
AI
The asset involved in this transaction is a multifamily property located at 4621 SW 33rd Ave in Dania Beach. The sale was finalized for $1,260,000, encompassing a total of 6 units. The total square footage of the property is 4,998, leading to a price per unit of $210,000 and a price per square foot of $252.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,260,000
- Units: 6
- Square Footage: 4,998
- Price Per Unit: $210,000
- Price Per Square Foot: $252
- Buyer: Julien Haggiag
- Seller: MM Equity Group (MMequity.com)
- Buyer’s Representative: David Benichou - LIV Group Real Estate
- Seller’s Representative: Jonathan Teboul - Management Miami
- Note: Off Market Transaction
The key individuals involved in this transaction include the buyer Julien Haggiag and the seller MM Equity Group, represented by their respective brokers David Benichou from LIV Group Real Estate and Jonathan Teboul from Management Miami. The transaction took place off market, indicating a private agreement between the parties involved.
Players
Fort Lauderdale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.59%
Cash-on-Cash
-3.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93